WealthTech

What sets challenger and traditional banks apart?

In an ever-increasing digital world, being seen as ‘traditional’ can sometimes be like having a millstone around your neck. In the world of banking, the division between traditional and challenger banks is becoming even more cutthroat.
Navigating the new era of compliance: AI innovations in wealth management

Navigating the new era of compliance: AI innovations in wealth management

In the latest episode of Napier AI's podcast series, the spotlight shines on the transformative power of automation in the compliance processes within the Wealth & Asset Management sector.

Democratisation of wealth management – How firms can stay relevant

Traditionally, wealth management has been for the wealthy. The average Joes and Janes have often been skipped out on by big wealth managers due to little revenue incentive to capture that market.

NatWest backs LiveMore Capital in £275m credit facility

LiveMore Capital, a mortgage lender to the over-50s, has secured a £275m credit facility from NatWest.

Revolut strengthens anti-fraud infrastructure with new Confirmation of Payee initative

Revolut has launched of Confirmation of Payee, new feature enabling UK customers to be certain that their payments go to the intended recipient.

Northzone closes $500m fund to invest into FinTech startups

The venture capital firm that has supported FinTech success stories like Klarna, Qapital and MarketFinance is gearing up to support another round of startups.
fintech-news

Trumid hits $1bn trading volume mark

Corporate bond platform Trumid Financial, which is backed by billionaires George Soros and Peter Thiel, has now traded more than $1bn worth of securities.

Ascensus continues deal flurry, making 5th and 6th acquisition of the year

Ascensus, a retirement savings technology developer, continues its year of acquisitions completing deals for Swerdlin & Co and SES Advisors.

Epiphany teams with Kaleyra to launch Italy’s first open banking hub

Digital banking solution builder Epiphany and mobile messaging solution for banks Kaleyra have launched Italy’s first open banking hub.

Allica scores Series B funding as loan book surpasses $1bn

Allica Bank, an SME challenger bank, has collected £110m in its Series B funding round, as it extends its loan book beyond $1bn.

News Stories

Insured Nomads, an innovative leader in the travel and health insurance industry, has appointed Sven Thorslund as Senior Vice President of Global Client Engagement & Key Accounts.

Insured Nomads welcomes Sven Thorslund to leadership team

Insured Nomads, an innovative leader in the travel and health insurance industry, has appointed Sven Thorslund as Senior Vice President of Global Client Engagement & Key Accounts.
CLARA Analytics, a leading provider of artificial intelligence (AI) technology for insurance claims optimisation, has announced an expansion of its partnership with Origami Risk.

CLARA Analytics and Origami Risk deepen partnership to fast-track AI adoption in insurance

CLARA Analytics, a leading provider of artificial intelligence (AI) technology for insurance claims optimisation, has announced an expansion of its partnership with Origami Risk.
Delos Insurance Solutions has partnered with certain underwriters at Lloyd's of London to offer wildfire insurance to more California policyholders with vacant properties.

Delos Insurance and Lloyd’s of London to expand vacant home insurance in California

Delos Insurance Solutions has partnered with certain underwriters at Lloyd's of London to offer wildfire insurance to more California policyholders with vacant properties.
QBE North America, a leading insurance provider, has unveiled its latest offering, the Healthcare Liability practice, aimed at addressing the distinct requirements of healthcare organisations.

QBE NA launches specialised healthcare liability practice

QBE North America, a leading insurance provider, has unveiled its latest offering, the Healthcare Liability practice, aimed at addressing the distinct requirements of healthcare organisations.
Know Your Customer (KYC) procedures are fundamental policies and processes implemented by businesses to mitigate risks and authenticate the identities of customers throughout their entire lifecycle. These protocols are especially critical in regulated industries, serving as a safeguard against money laundering, terrorism financing, fraud, and other illicit activities. FullCircl has put together a comprehensive guide to KYC procedures.

A comprehensive guide to Know Your Customer procedures

Know Your Customer (KYC) procedures are fundamental policies and processes implemented by businesses to mitigate risks and authenticate the identities of customers throughout their entire lifecycle. These protocols are especially critical in regulated industries, serving as a safeguard against money laundering, terrorism financing, fraud, and other illicit activities. FullCircl has put together a comprehensive guide to KYC procedures.

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